Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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Defense WatchDefense Watch
IFT Explanation. The Government Accountability Office (GAO) on Thursday released its 18-page decision that sustained Raytheon’s protest of a border surveillance contract awarded by Customs and Border Protection (CBP) to […]
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Business/FinancialCoast Guard Awards Bollinger $255 Million For Six FRCs
The Coast Guard on Wednesday said it awarded Bollinger Shipyards a $255.1 million contract option for six Fast Response Cutters (FRC), bringing to 30 the number of Sentinel-class patrol boats […]
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Business/FinancialOld Business, Pension Benefit Send Raytheon’s Net Income Higher
Raytheon [RTN] on Thursday posted lower sales but higher earnings with the bottom line benefiting by a swing to pension income and a handsome return from a business that was […]
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Business/FinancialNorthrop Grumman Posts Higher Earnings On Pension Adjustment As Sales Fall
Northrop Grumman [NOC] on Wednesday said its net income rose in the second quarter on pension adjustment as sales fell but the company’s overall performance was better than expected and […]
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Air ForceBoeing Takes Hefty Charge On KC-46 Tanker But Net Income Soars With Tax Items
Boeing [BA] on Wednesday said that its net income in the second quarter climbed more than 50 percent with the help of some favorable tax resolutions, although the company disclosed […]
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Business/FinancialGD’s Net Income Tumbles On Charge Related To Planned Sale Of Axle Business
General Dynamics [GD] on Wednesday posted lower net income in the second quarter due to a charge related to the planned sale of an axle business it acquired in 2009. […]
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Homeland Security9/11 Commission Report Redux: Terrorist Struggle In ‘New And Dangerous Phase’
Despite sustaining hard blows over the past decade, core al Qaeda-related groups are getting stronger in the Middle East and the United States can’t ignore the continuing threat of […]
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Business/FinancialPension Income Drive Earnings Rise At Lockheed Martin In Second Quarter
Lockheed Martin [LMT] on Tuesday reported higher earnings in the second quarter due to a swing to pension income and the company increased its profit guidance for the year as […]
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Homeland SecuritySenate Appropriators Boost DoD Funding For UAS Coordination With Civil Agencies
Senate appropriators are recommending that the Pentagon increase its funding for coordinating with federal civilian agencies to improve the integration of unmanned aircraft systems (UAS) into the National Air Space. […]
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Homeland SecurityHuntington Ingalls Completes Builder’s Sea Trials On Fourth NSC
Huntington Ingalls Industries [HII] on Friday said it has successfully completed three days of builder’s sea trials for the fourth National Security Cutter (NSC), a key milestone ahead of the […]